Jax Taylor claims Tom Sandoval borrowed $200,000 from his mom’s retirement fund to open his now-struggling bar, Schwartz & Sandy’s.
During an appearance on Heather McDonald‘s podcast on Tuesday, the Vanderpump Rules alum said that the bar has been nearly empty since Sandoval’s affair with Raquel Leviss was uncovered, and he suggested that if Tom Schwartz doesn’t “cut ties,” he could “lose everything.’
“Sandoval manipulates the hell out of Schwartz. That is a fact,” Jax began on the May 16 episode of Juicy Scoop, as seen in a video shared by the Daily Dose of Dana Podcast on TikTok. “He will do whatever he says and that’s why I said, ‘You’ve gotta cut ties.'”
According to Jax, he told Schwartz, post-“Scandoval,” ‘This is not making any situation easier. This is not healthy for you, for anybody.”
“He has to cut ties. They’re gonna lose the bar. They’re gonna lose everything,” Jax warned.
Then, when Heather suggested she’d heard that Schwartz & Sandy’s has been “packed” despite the backlash and poor reviews it was hit with after Sandoval cheated on Ariana Madix amid their nine-year relationship, Jax denied any such thing.
“I went there Thursday night. There was five people there and this was 10:30 at night. There was five people there,” he confirmed.
Due to the disgust many have with Sandoval, Schwartz & Sandy’s fate could be in jeopardy.
“The bar manager, the owner, they can’t stand Sandoval,” Jax stated. “They don’t want him there anymore. They want to buy him out. This is all, I’m hearing this. This is all [things people] are saying … It’s not cheap to have a bar in L.A. You’ve got rent. You’ve got overhead. You got employees. How are you footing the bill for this? Who’s paying for this?”
While Jax has no idea how bills are getting paid currently, he claimed Sandoval took out a major loan from his mom to get its doors open.
“Tom Sandoval borrowed like $200,000 from his mom, [from] her retirement fund,” he shared.
And because of that, Jax questions how Sandoval was able to go through with his affair with Raquel.
As he told Heather, “Knowing this is in the back of your head, you have all this money tied up and all this, knowing that this could jeopardize your business, your mom’s financial status, your best friend’s financial status, and you still decided to do this…”
Source : realityblurb.com
